| IWM latest price $49.3000 (-2.36%) ($48.8900 - $51.4000) on Thu. May. 7, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 57 |
Latest Price | $49.3000(-2.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.3% a day on average for past five trading days. |
Weekly Trend | IWM advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) SPY(89%) PEJ(85%) XLY(81%) QQQ(80%) EWG(76%) |
Factors Impacting IWM price | IWM will decline at least -1.555% in a week (0% probabilities). TLT(-32%) SHY(-12%) TIP(-6%) IGOV(4%) GLD(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.555% (StdDev 3.11%) |
Hourly BBV | 0 () |
Intraday Trend | -3.8% |
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